Muhammad Karim

Zeeshan Shahzad

LMS 3rd

Engro stands for “energy for growth”. From inception,

Engro has a legacy of continuous growth, new

challenges and fulfilled promises. From fertilizers to dairy

products, business solutions to PVC resin,

power generation to commodity trade, at Engro the

ambition is to become the premier Pakistani

enterprise with a global reach.

In 1957, the search for oil by Pak Stanvac, an

Esso/Mobil joint venture led to the discovery

of the Mari Gas field near Daharki – a small,

remote area in Upper Sindh province at the

time. Esso proposed the establishment of a

urea plant in that area which led to a

fertilizer plant agreement signed in 1964. In

the subsequent year, Esso Pakistan Fertilizer

Company Limited was incorporated, with 75%

of the shares owned by Esso and 25% by the

general public.

To be the premier Pakistani enterprise with a

global reach passionately pursuing value

creation for all stakeholders.

Our mission is to achieve innovative growth

which creates value for our stakeholders,

customers and employees.

Our commitment is to maintain higher

standards of ethics, safety and

environmental responsibility

Health Safety & Environment

Ethics and Integrity

People

Innovation & Risk Taking

Community & Society

Engro Fertilizers Limited

Engro Foods Limited

Engro Eximp Private Limited

Engro Power-Gen Limited

Engro Polymers and Chemicals Limited

Engro Vopak Limited

Fertilizer

Food

Beverages

Chemicals

Polymers

Power Generation

Mr. Hussain Dawood

(Chairman)

Mr. Asad Umer

(Ex.President & CEO)

Mr. Ali-ud-din Ansari

(President & CEO)

Introduction

5 million people use Engro food Products every day

o Engro Foods Limited was formed as a wholly owned subsidiary of Engro Corporation in 2005.

o It start its operation in 2006 and become major player in Food industry.

o It launches multiple products• Ice Cream

• Flavored Milk

• Fruit Juices

• Milk Powders

“Build branded food business to improve quality of life by offering tasty, affordable and high nutritional products to our consumers while maximizing stakeholder’s value. ”

”Aim at transforming the company within the five years

into first national food industry giant, then into regional

force and finally into a global player.”

Engro Foods main objectives are to supply

everyone their favorite Olper’s Milk and to

satisfy the consumer need and wants.

EngoFoods second objective is to increase the

value for the stakeholders and company value.

We want to be the major player in the food

industry.

Engro powergen Ltd (EPL) was in corporated

in 2008 as a fully owned subsidiary of engro

corp. to develop power project in Pakistan

EPL has interred into a strategic long term

partnership with the govt. of sindh by

establish sindh engro coal mining company as

joint venture in block-II of Thar coalfields

Engro Corporation has come a long way from

its inception, as a fertilizer manufacturing

and marketing company, to becoming one of

the largest conglomerates in Pakistan.

Meri Gas field discover by esso mobile joint venture

The company is incorporated as esso Pakistan fertilizer

company limited, to manufacture and market fertilizers.

Urea plant commissioned; Largest foreign investment in

private sector in the History of Pakistan

esso Pakistan fertilizer company limited Renamed as

Exxon chemical Pakistan limited

Exxon diversts its equity from fertilizers business

globally; The Company its Renamed Engro chemical

Pakistan limited

Engro vopak termial limited established in a joint venture

with Royal Vopak Netherlands for handling bulk liquid

chemical storage at Port Qasim in Karachi

Formation of engro ASHI polymer and chemical limited at

a joint venture with Mitsubishi Corporation and Ashi for

Manufacturing and marketing of PVC resin

Engro enter Food business and setup a milk processing in

sukkar

Engro powergen limited is incorporated as a wholly own

subsadery of engro corporation to under take power

distribution business

Asad Umar became CEO and President of

Engro Corporation and took it to the new

Horizons which one could not even imagine.

Successful diversification of Engro corporation

Engro Foods as the highest earning SBU so far.

Most successful CEO of Engro corporation.

He takes Engro to the top five preferred

Employers of Pakistan.

Under Asad Umar’s leadership, Engro’s

revenues had grown from just Rs13 billion in

2004 to Rs114 billion in 2011,

Asad Umar transformed Engro from being a

local player and Fertilizer producer to a

conglomerate which become a successful

player in different diverse businesses which

still are increasing earnings and value of

Engro Corporation .

Asad Umar, President of fertiliser-to-food

conglomerate, Engro Corporation has taken

an early retirement. Such an event is

scarcely surprising, for men at the top of

corporate ladder often do.(DAWN April 19

2012)

It was unexpected for Engro that when it was

expanding and getting record profits and its

President quit in such successful time period.

After an early retirement of Asad Umer,

Muhammad Aliuddin Ansari has assumed

the charge as CEO of the Engro

Corporation.

Ansari was the CEO of Dewan Drilling,

Pakistan’s first independent Oil & Gas drilling

Company.

He is a graduate of Business Administration

with a specialization in Finance &

Investments from UK.

On 17th April Ansari, received call from the

Chairman BOD of Engro informing him that after

Asad Umar Khalid Mansoor a senior Executive had

also resigned. Soon after, much to his surprise He

was offered the position of running Engro,

initially he declined, but later when it was the

unanimous view of the BOD, He accepted the

offer. When he joined, there was a shock factor

in the company, people were getting a bit wild in

their ideas as to what will happen but the real

job in hand was to fill in gaps and ensure that

right people were in right jobs.

LEADERSHIP STYLE:

I believe in consensus, participative and

collective decision-making.

In my career, joining Engro was a difficult

decision having achieved my dream of being

an entrepreneur.

Engro Corp posted a record 2013

consolidated profit after tax of Rs. 8,183

million vs. depressed profit after tax of Rs.

1,333 million in 2012. The company achieved

PKR 155,360 million revenue in 2013 vs. PKR

125,151 million in 2012.

Asad Umar’s Vision and Leadership had made the ENGRO Corporation

one of the best and most successful Diversifications ever in the

history of Pakistan.

But the sudden retirement could trigger drastic changes and may

cause losses to Engro and may affect the performance of Engro but

the right Decision and Headhunting process of Board of Directors and

successful planning and changes made and managed by ANSARI help

Engro to get record profits and Ansari become a better

replacement of Asad Umar.

Asad umar’s Transformational and Ansari’s accidental and planned

change helped Engro to sail through rough seas.